Service Tax credit on Inputs

This query is : Resolved

Manoj (Querist)
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23 August 2007 Under renting of immovable property head, can we set off the payable service tax with the service tax of input services like secuirty, housekeeping services, as these services are not linked with any production, as we are 100% EOU software co.

Yash Arya

Yash Arya (Expert)
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24 August 2007 If you have let out commercial property on rent, you are required to charge service tax wef June-07.

If you are bearing the security charges/ house keeping charges etc. of the premises given on rent, you may claim set off of service tax paid on these input services against the service charge liability on rent.